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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

The fundamental tenets of fairness, value for money, and transparency form the foundation of public procurement and contribute to the development of an atmosphere that benefits suppliers as well as buyers. Value for Money (VfM) in Public Procurement What Does Value for Money Mean in Public Procurement?

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Find a Tender Service – Secure High-Value Public Contracts in the UK

Tracker Intelligence

The tools within the platform are designed to ensure that the proposals for procurements launched through it are of high quality, thus increasing the chances of creating a winning bid with distinctive features in an industry that is quite competitive. Wh at is a Find a Tender Service ?

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The Bid Evaluation Process

The Procurement ClassRoom

For example, Section 30 of the Public Procurement and Concessions Act of the Republic of Liberia (PPCA-2010) states that evaluation of bid and recommendation for award is solely the function of the Bid Evaluation Panel. Prior to evaluation of bids, the evaluation criteria are predefined and included in the bidding documents.